Paul Brady Photography // Shutterstock

Metros where homes are selling for the most over asking price

The Federal Reserve’s efforts to curb inflation have pushed interest rates to levels unseen in more than two decades, and the number of homes selling each month has been on the decline for eight straight months now.

But homes are still selling, even if slowly. And they’re still increasing in price, even if that increase has been slowed just a bit too. In fact, some are still selling for slightly more than list price.

Stacker analyzed data from Redfin to see which metros had the most homes sold over asking price. Data shows sales for the week ending 11/06/22. Metros where fewer than 12 homes were sold were excluded from this list, and the metros are ranked based on the average sale to list ratio. This is a mean ratio of the home sale price divided by the list price.

In the first week of November 7,816 homes were sold across the 50 metro areas analyzed for a median sale price of just over $350,000.

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Rina Pitucci // Flickr

#50. Harrisburg, PA metro area

– Average sale to list ratio: 1.002
– Total homes sold: 146
– Median sale price: $269,500

spablab // Flickr

#49. Providence, RI metro area

– Average sale to list ratio: 1.003
– Total homes sold: 323
– Median sale price: $410,000

formulanone // Wikimedia Commons

#48. Albertville, AL metro area

– Average sale to list ratio: 1.003
– Total homes sold: 26
– Median sale price: $253,000

Teemu008 /// Flickr

#47. Bloomington, IL metro area

– Average sale to list ratio: 1.003
– Total homes sold: 43
– Median sale price: $212,000

Real Window Creative // Shutterstock

#46. Wilmington, DE metro area

– Average sale to list ratio: 1.003
– Total homes sold: 164
– Median sale price: $327,450

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Forevaclevah // Wikimedia Commons

#45. New Brunswick, NJ metro area

– Average sale to list ratio: 1.003
– Total homes sold: 632
– Median sale price: $450,000

Bruce Emmerling // Wikicommons

#44. Baltimore, MD metro area

– Average sale to list ratio: 1.003
– Total homes sold: 607
– Median sale price: $335,000

JonClee86 // Wikicommons

#43. Omaha, NE metro area

– Average sale to list ratio: 1.004
– Total homes sold: 213
– Median sale price: $300,000

Joseph Sohm // Shutterstock

#42. Portland, ME metro area

– Average sale to list ratio: 1.004
– Total homes sold: 159
– Median sale price: $460,000

Smallbones // Wikimedia Commons

#41. York, PA metro area

– Average sale to list ratio: 1.004
– Total homes sold: 138
– Median sale price: $229,950

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Pixabay

#40. Lebanon, PA metro area

– Average sale to list ratio: 1.005
– Total homes sold: 43
– Median sale price: $250,900

Sean Pavone // Shutterstock

#39. Boston, MA metro area

– Average sale to list ratio: 1.005
– Total homes sold: 845
– Median sale price: $650,000

Wangkun Jia // Shutterstock

#38. Albany, NY metro area

– Average sale to list ratio: 1.006
– Total homes sold: 166
– Median sale price: $309,113

Artazum // Shutterstock

#37. Shelton, WA metro area

– Average sale to list ratio: 1.006
– Total homes sold: 25
– Median sale price: $425,000

Don Ramey Logan // Wikicommons

#36. San Jose, CA metro area

– Average sale to list ratio: 1.006
– Total homes sold: 206
– Median sale price: $1,377,500

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AbeEzekowitz // Wikimedia Commons

#35. Joplin, MO metro area

– Average sale to list ratio: 1.006
– Total homes sold: 48
– Median sale price: $174,965

Max Pixel

#34. Milwaukee, WI metro area

– Average sale to list ratio: 1.007
– Total homes sold: 325
– Median sale price: $292,000

Jon Bilous // Shutterstock

#33. Frederick, MD metro area

– Average sale to list ratio: 1.007
– Total homes sold: 286
– Median sale price: $510,000

Creative Commons

#32. Oshkosh, WI metro area

– Average sale to list ratio: 1.007
– Total homes sold: 39
– Median sale price: $250,000

Roberto Galan // Shutterstock

#31. Hillsdale, MI metro area

– Average sale to list ratio: 1.007
– Total homes sold: 14
– Median sale price: $168,500

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Jmabel // Wikimedia Commons

#30. Albany, OR metro area

– Average sale to list ratio: 1.007
– Total homes sold: 23
– Median sale price: $370,000

Allison J. Hahn // Shutterstock

#29. Fort Polk South, LA metro area

– Average sale to list ratio: 1.008
– Total homes sold: 39
– Median sale price: $177,700

James Kirkikis // Shutterstock

#28. Keene, NH metro area

– Average sale to list ratio: 1.008
– Total homes sold: 20
– Median sale price: $257,450

Wangkun Jia // Shutterstock

#27. Concord, NH metro area

– Average sale to list ratio: 1.008
– Total homes sold: 32
– Median sale price: $438,600

Nicholas // Wikimedia Commons

#26. Reading, PA metro area

– Average sale to list ratio: 1.009
– Total homes sold: 67
– Median sale price: $227,000

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FotosForTheFuture // Shutterstock

#25. Camden, NJ metro area

– Average sale to list ratio: 1.009
– Total homes sold: 336
– Median sale price: $295,000

John Phelan // Wikimedia

#24. Worcester, MA metro area

– Average sale to list ratio: 1.009
– Total homes sold: 212
– Median sale price: $396,500

William Silver // Shutterstock

#23. St. Marys, GA metro area

– Average sale to list ratio: 1.010
– Total homes sold: 26
– Median sale price: $308,407

Doug Kerr // Wikimedia Commons

#22. Syracuse, NY metro area

– Average sale to list ratio: 1.010
– Total homes sold: 121
– Median sale price: $182,000

E Pasqualli // Shutterstock

#21. Bennington, VT metro area

– Average sale to list ratio: 1.011
– Total homes sold: 14
– Median sale price: $222,000

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Ryan Stavely // Flickr

#20. Staunton, VA metro area

– Average sale to list ratio: 1.011
– Total homes sold: 27
– Median sale price: $305,000

Matt314 // Wikicommons

#19. Santa Rosa, CA metro area

– Average sale to list ratio: 1.012
– Total homes sold: 73
– Median sale price: $780,000

Chris Rand//Wikicommons

#18. Green Bay, WI metro area

– Average sale to list ratio: 1.012
– Total homes sold: 60
– Median sale price: $279,000

Sean Pavone // Shutterstock

#17. Manchester, NH metro area

– Average sale to list ratio: 1.014
– Total homes sold: 118
– Median sale price: $420,000

America’s Power // Wikicommons

#16. Topeka, KS metro area

– Average sale to list ratio: 1.014
– Total homes sold: 41
– Median sale price: $191,500

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Christopher Boswell // Shutterstock

#15. Trenton, NJ metro area

– Average sale to list ratio: 1.015
– Total homes sold: 72
– Median sale price: $343,300

Sundry Photography // Shutterstock

#14. Oakland, CA metro area

– Average sale to list ratio: 1.015
– Total homes sold: 354
– Median sale price: $950,000

Mihai_Andritoiu // Shutterstock

#13. Newark, NJ metro area

– Average sale to list ratio: 1.016
– Total homes sold: 489
– Median sale price: $465,000

John Phelan // Wikimedia Commons

#12. Springfield, MA metro area

– Average sale to list ratio: 1.017
– Total homes sold: 150
– Median sale price: $315,000

Sean Pavone // Shutterstock

#11. Augusta, ME metro area

– Average sale to list ratio: 1.018
– Total homes sold: 37
– Median sale price: $252,000

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Alycat // Wikimedia Commons

#10. Canton, OH metro area

– Average sale to list ratio: 1.019
– Total homes sold: 92
– Median sale price: $167,450

Smallbones // Wikimedia Commons

#9. Lancaster, PA metro area

– Average sale to list ratio: 1.019
– Total homes sold: 118
– Median sale price: $325,000

John Phelan // Wikimedia

#8. Hartford, CT metro area

– Average sale to list ratio: 1.020
– Total homes sold: 308
– Median sale price: $312,406

Royalbroil // Wikimedia Commons

#7. Appleton, WI metro area

– Average sale to list ratio: 1.022
– Total homes sold: 52
– Median sale price: $258,700

Canva

#6. Ruidoso, NM metro area

– Average sale to list ratio: 1.022
– Total homes sold: 13
– Median sale price: $369,000

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Albert Pego // Shutterstock

#5. Burlington, VT metro area

– Average sale to list ratio: 1.026
– Total homes sold: 61
– Median sale price: $415,500

Stephen Zimmermann // Wikimedia Commons

#4. Buffalo, NY metro area

– Average sale to list ratio: 1.032
– Total homes sold: 175
– Median sale price: $250,000

User:OHWiki // Wikimedia Commons

#3. Marion, OH metro area

– Average sale to list ratio: 1.057
– Total homes sold: 18
– Median sale price: $154,200

Andre Carrotflower // Wikimedia Commons

#2. Batavia, NY metro area

– Average sale to list ratio: 1.067
– Total homes sold: 18
– Median sale price: $198,000

Theresa Marconi // Wikimedia Commons

#1. Rochester, NY metro area

– Average sale to list ratio: 1.088
– Total homes sold: 202
– Median sale price: $206,500

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